British students starting their university training now expect to end up with a degree… and around £30,000 in debt! Students are facing ever higher tuition fees and rising prices for food and lodging. It takes over 10 years to repay these debts. Luckily for British students, most parents help out even after their kids leave university. (The Guardian)
Banks will do just about anything to get their hands on university students. British high-street banks are offering up to £50 in cash when students open an account. The reason is simple: although students won’t make banks rich while they are still at university, after graduating, they will be depositing their pay cheques every month, taking out mortgages and life insurance policies. That is why banks waste no time in securing these potentially lucrative clients. (The Guardian)
Write a blog entry on banking and finance that is exactly four sentences long. Come up with an interesting topic and add a picture, link to an article or a cartoon. Think of private banking, banking horror stories, bank robberies, special notes and coins, the history of banking, banks merging,... Add your full name to your post, which does not count as a sentence.
The English teachers
